GVR Report cover Secure Logistics Market Size, Share & Trends Report

Secure Logistics Market Size, Share & Trends Analysis Report By Application (Cash Management, Diamonds, Jewelry & Precious Metal, Manufacturing), By Type (Static, Mobile), By Region, And Segment Forecasts, 2022 - 2030

  • Report ID: GVR-1-68038-322-5
  • Number of Pages: 80
  • Format: Electronic (PDF)
  • Historical Range: 2017 - 2020
  • Industry: Technology

Report Overview

The global secure logistics market size was valued at USD 73.10 billion in 2021 and is projected to grow at a compound annual growth rate (CAGR) of 7.6% from 2022 to 2030. This is owing to the increasing money circulation across the globe. The rising security concerns among corporates and banks have increased the requirement for secure movement and management services for currency. The European Union has established a structure for overcoming the constraints and facilitating the mobility of production factors, which include land, labor, and capital. The banking industry across the globe is transforming owing to the changes in technical innovation and deregulation of financial services.

U.S. secure logistics market size, by application, 2020 - 2030 (USD Billion)

Banking in emerging economies is traditionally a highly protected industry having regulated deposits and restrictions for domestic and foreign entry. However, technological advancements and macroeconomic pressures have forced the banking industry to open up the market to foreign competition. BRICS countries are also expected to have a large inflow of Foreign Direct Investments (FDIs) among other emerging economies. The growing skilled labor force, rapid globalization, and a rise in the number of young consumers have acted as the driving factors in these regions.

In addition, the increasing number of High Net-worth Individuals (HNIs) and the growing need for wealth management services are expected to influence the growth of the banking sector in the emerging market. High net-worth individuals will invest in cash deposits, real estate, debt portfolios, and equities. The State Bank of India (SBI), for instance, is focusing on wealth management, retail banking, and personal banking services.

Application Insights

On the basis of applications, the global market has been further segmented into cash management, diamonds, jewelry & precious metal, manufacturing, and others. The others application segment includes retail and public infrastructure. The cash management segment led the industry in 2021 and accounted for the largest revenue share of more than 55.5%. The segment is expected to remain dominant even during the forecast period. This growth is attributed to the rapidly growing penetration of ATMs in emerging countries.The cash management segment includes cash-in-transit, cash processing, and ATM services.

Cash-in-transit involves picking up money from the banks and delivering it to the designated cash points, such as ATMs. The service providers utilize armored trucks to transport valuables that reduce risks and increase security by reducing the opportunity for theft. The carriers offer Automated Teller Machine (ATM) services in conjunction with the traditional cash-in-transit service and are regulated by regional, national, and local legislation. The responsible authorities for the industry include the Ministry of Justice, the Ministry of Interior, and the Police. The development of innovative and efficient goods is the primary focus of the market players.

For instance, in 2021, Prosegur and Forética, a significant organization in corporate social responsibility and sustainability in Spain, signed a cooperation agreement to form alliances that will help speed the transition to a sustainable model. Furthermore, market players are focusing on partnerships and collaborations to gain competitive advantages. For instance, in February 2022, Brink’s Inc. signed a partnership agreement with Courtyard, which is a physically-backed NFT platform. In 2018, Brink’s Inc.’s Canadian subsidiary had signed a multi-year collaboration with Canopy Growth Corp. Brink’s Inc. and Canopy Growth will build a cross-selling program that would allow Brink’s to provide solutions to Canopy Growth’s connected cultivators and retail clients.

Type Insights

On the basis of types, the global market has been segmented into static and mobile. The static type segment dominated the global market in 2021 and accounted for the highest share of more than 60% of the overall revenue. The segment is expected to remain dominant throughout the forecast period. For security purposes, manned guards are employed in the static type. The security guards stationed at various points aid in the logistics transportation’s security. For the market, several players provide guarding services. These companies offer specialized logistics security solutions aimed at exposing security breaches, reducing shipment loss & damage, and preventing theft.

Global secure logistics market share, by type, 2021 (%) 

The mobile type segment, on the other hand, is expected to register the fastest growth rate during the forecast period. This growth can be attributed to the increasing advancements in secure journey management services. The providers offer vehicles with electronic countermeasures as well as radio and satellite communication systems. Electronic safes are primarily used by financial institutions to reduce management downtime. Service providers partner with several safe manufacturers to offer a wide scope of electronic safe services of various sizes.

Regional Insights

Europe held the largest share of more than 42.00% of the global market in 2021 and has become one of the most influential markets. The increasing penetration of ATMs, coupled with the growing use of ATMs in emerging economies, is expected to spur regional growth. The rising rate of cash circulation and trade investments among European countries opens up a whole range of secure logistics opportunities. In the future, trade policies among countries, as well as Brexit difficulties, will have a significant impact on market shares. An article published by ATM marketplace in 2018 mentioned that few nations, such as Italy, the Netherlands, and Spain, are concentrating their efforts on limiting the number of ATMs and bank branches to reduce high operational costs and promote electronic payment systems.

The emerging markets, such as Brazil, Nigeria, and Iran, are expected to portray a high demand for new ATMs owing to the development of financial institutions in the region. The Australian Federal Police and customs made a joint venture to form the Reduce Aviation Freight Theft (RAFT) project to investigate aviation theft in Australia. The Transported Asset Protection Association (TAPA) forum was formed, which unites the global manufacturers, freight carriers, logistics providers, law enforcement agencies, and other stakeholders with the aim of reducing losses from the international supply chains. In the European Union, the theft of high-risk, high-value products was estimated to cost over 8.2 billion Euros a year.

Key Companies & Market Share Insights

In developed economies, service providers offer the analysis of currency flow and forecast the amount of money necessary for different ATMs. Industry players are adopting M&A to enhance their product portfolio and expand their global presence to achieve economies of scale. For instance, in January 2019, Brink’s Inc. completed the acquisition of Rodoban (Brazil), a provider of cash-in-transit services, money processing, and ATM services. Rodoban’s primary customers are from southeastern Brazil. Therefore, this acquisition helped Brink’s to increase its route density and expand its service reach. Some prominent players in the global secure logistics market include:

  • Brink’s Incorporated

  • CargoGuard

  • CMS Info Systems (CMS)

  • G4S Limited

  • GardaWorld

  • Lemuir Group

  • Loomis AB

  • Maltacourt

  • PlanITROI, Inc.

  • Prosegur

Secure Logistics Market Report Scope

Report Attribute


Market size value in 2022

USD 78.54 billion

Revenue forecast in 2030

USD 141.38 billion

Growth rate

CAGR of 7.6 % from 2022 to 2030

Base year for estimation



2017 - 2020

Forecast period

2022 - 2030

Quantitative units

Revenue in USD million/billion and CAGR from 2022 to 2030

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments Covered

Application, type, region

Regional scope

North America; Europe; Asia Pacific; Latin America; MEA

Country scope

U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico

Key companies profiled

Brink’s Inc.; CargoGuard; CMS Info Systems (CMS); G4S plc; GardaWorld; Lemuir Group; Loomis AB; Maltacourt; PlanITROI, Inc.; Prosegur

Customization scope

Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options


Segments Covered in the Report

This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For the purpose of this study, Grand View Research has segmented the global secure logistics market report on the basis of application, type, and region:

  • Application Outlook (Revenue, USD Million, 2017 - 2030)

    • Cash Management

    • Diamonds, Jewelry & Precious Metals

    • Manufacturing

    • Others

  • Type Outlook (Revenue, USD Million, 2017 - 2030)

    • Static

    • Mobile

  • Regional Outlook (Revenue, USD Million, 2017 - 2030)

    • North America

      • U.S.

      • Canada

    • Europe

      • U.K.

      • Germany

    • Asia Pacific

      • China

      • India

      • Japan

    • Latin America

      • Brazil

      • Mexico

    • Middle East & Africa

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